SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.008%

Price spread now: MEXC against Gate+0.047%7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,098as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,097as in the Price arb table

costs, in and out, $10k−$1,10711.069% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.047%, 7d avg −0.049%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.096% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPK_USDT	0.02131	−0.0006	get 0.0003% / 4h	7m 03s	$143K	$134K	50x
Short	MEXC SPK_USDT	0.02132	0.0100	get 0.0050% / 4h	7m 03s	$2.1M	$654K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.047%Rate

Funding earned: $22.26
Price spread: +0.047% → −0.049%: $9.61
Slippage, 4 orders: −$1,087.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,075
Costs to cover: 11.069%
Break-even: 345.1 days

Slippage from Gate: live order book, 64 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 64 min ago	9.42 bp	635.3 bp −$635	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.35 bp	5.9 bp −$6	42.1 bp −$421	205.3 bp −$20.5K	500.7 bp −$250.3K

SPK on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SPK_USDTlong	−0.0006%	4h	0.02131	long leg	$143K	$134K	50x
Aster SPKUSDT	+0.0008%	4h	0.02131	−0.022%	$10K	$64K	5x	as long as short
BloFin SPK-USDT	+0.0084%	4h	0.02128	−0.141%	$188K	$33K	50x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02132	+0.047%	$3.8M	$5.5M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02131	+0.014%	$1.8M	$2.1M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02132	+0.047%	$756K	$1.9M	20x	as long as short
MEXC SPK_USDTshort	+0.0100%	4h	0.02132	+0.047%	$2.1M	$654K	50x
KuCoin SPKUSDTM	+0.0100%	4h	0.02134	+0.141%	$922K	$415K	30x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02131	0.000%	$1.3M	$1.4M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02132	+0.047%	—	$2.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPK	+0.0100%	4h	0.02129	−0.108%	$158K	$62K	—	as long as short
SunX SPK-USDT	+0.0100%	4h	0.02176	+2.112%	$926	$1.1M	20x	as long as short
Extended SPK-USD	+0.0104%	1h	0.02131	−0.021%	$3K	$146K	5x	as long as short
Kraken Futures PF_SPKUSD	+0.1367%	1h	0.02143	+0.540%	$23K	$29K	10x	as long as short